Real Estate Sector in Review: Sharp price correction is not expected!

High demand coupled with supply constraints keep the real estate market buoyant UAE real estate and business services sector in nominal terms continues to grow recording a CAGR of 20% during 2003 - 2007. In 2007, real estate and associated business services consti­tuted 8% of UAE’s GDP, or AED 55.8bn recording a substantial growth of [...]

Original post by DUBAI CHRONICLE

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